Kansai Nerolac Paints Faces Bearish Sentiment Amid Flat Financial Performance

Mar 28 2025 08:03 AM IST
share
Share Via
Kansai Nerolac Paints has experienced a recent evaluation adjustment, indicating a shift in its technical trends. The company's financial performance has shown modest growth in net sales and operating profit, but it has underperformed against benchmark indices, reflecting ongoing challenges in its market position.
Kansai Nerolac Paints has recently undergone an adjustment in evaluation, reflecting a shift in its underlying technical trends. The stock's technical indicators have shown a transition, with various metrics indicating a bearish sentiment. Notably, the MACD and Bollinger Bands have pointed towards a bearish outlook, while the moving averages also align with this trend.

In terms of financial performance, Kansai Nerolac has experienced a flat trajectory in its recent quarterly results, with net sales growing at an annual rate of 7.52% over the past five years. The company's operating profit has seen a modest increase of 1.87% during the same period. Additionally, the debtors turnover ratio has reached a low of 4.69 times, and the profit before tax has shown a decline.

Despite a low debt-to-equity ratio and an attractive valuation with a price-to-book value of 3.3, the stock has consistently underperformed against the benchmark indices over the last three years. The recent evaluation adjustment reflects these ongoing trends and the company's current market position.

Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News